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EWM Realtors – #1 Luxury Leader

EWM Realtors is #1 in luxury sales (residences priced in excess of $1,000,000) for the period January 2011 – August 2011 with 222 residences sold in Miami-Dade and Broward. EWM Realtors is the exclusive affiliate of Christie’s International Real Estate for Miami-Dade and Broward Counties. We have exclusive access to 32,000 global real estate professionals through our affiliate networks: Christie’s, Luxury Portfolio International and Mayfair International Realty.

If you want to work with the #1 Luxury Leader contact me to discuss your real estate needs at (305) 329-4929 or [email protected]

Summer 2011 Real Estate Market Update

This real estate market update is presented by Ron Shuffield, President of EWM Realtors. Today’s great values, which are truly half those 5 or 6 years ago, are one reason why sales have taken off so much in 2011. However, since January 2011 we have begun to see an increase in our prices, month after month.

[youtube]http://www.youtube.com/watch?v=ILUDyKW2h7U[/youtube]

Median Prices

Single Family Homes: Miami-Dade County

January 2011 $150,000

May 2011 – $180,000

Single Family Homes: Broward County

January 2011 – $165,000

May 2011 – $190,000

Condominiums: Miami-Dade County

January 2011 – $90,000

May 2011 – $124,000

Condominiums: Broward County

January 2011 – $68,000

May 2011 – $78,000

This is the best time to purchase real estate in South Florida in the past 6 years.

For more information on the South Florida real estate market please contact me at (305) 329-4929 or [email protected]

South Florida Foreclosure Activity

as of March 4, 2011

According toThe Real Deal, the number of foreclosures in South Florida year-to-date is 4,761 which is down from 14,314 at this same time last year. The graph below shows foreclosure activity in Miami-Dade, Broward and Palm Beach Counties.